To navigate 2023 investors need to be 'free of the market truisms'

'More open-minded'

2022 was difficult for multi-asset investing: out of a pandemic, into a war - with a heavy side of inflation.

In an environment where the traditional building blocks of portfolio construction was upended, fixed income and equities sold off resulting in the worst performance of the so-called ‘balanced' portfolios seen in recent times. This has challenged the long-held belief of bonds being the ‘safe' asset class. Hence, the way forward needs a more open-minded and pragmatic approach. Recession looms over markets in 2023 Historically, inflationary environments have been due to excess demand in economies. The current inflationary scenario, instead, has been supply driven - a situation w...